Inhouse > Board of Regents Meeting, May 17, 2002

FIFTH SUPPLEMENTAL RESOLUTION TO THE MASTER RESOLUTION AUTHORIZING THE ISSUANCE, SALE, AND DELIVERY OF BOARD OF REGENTS OF THE UNIVERSITY OF NORTH TEXAS REVENUE FINANCING SYSTEM BONDS, SERIES 2002; AND APPROVING AND AUTHORIZING INSTRUMENTS AND PROCEDURES RELATING THERETO

The University of North Texas (UNT) and the University of North Texas Health Science Center (UNTHSC) wish to proceed with the construction and renovation of science facilities at UNT and a Biotechnology Center and School of Public Health facility at UNTHSC.  The facilities would be financed with the proceeds from Tuition Revenue Bonds issued under the Revenue Financing System.  UNT also wishes to issue other Revenue Financing System bonds for the purchase of two residence halls directly adjacent to its campus.  The Fifth Supplemental Resolution would authorize a pricing committee, consisting of the Chair of the Board of Regents, a member of the Regent’s Budget and Finance committee, the President of the University, the Senior Vice President for Finance and Administration for the UNTHSC, and the Vice Chancellor for Finance for the University System to negotiate the sale of the Bonds, in an amount not to exceed $65,000,000, to finance the construction, equipping, and purchase of the facilities.

It is recommended that the Board of Regents approve the enclosed Fifth Supplemental Resolution.